Tallinna Börs                 FINANCIAL RESULTS                 05/21/2004



LINK TO FARMAATSIATEHAS REPORT 2003



The year 2003 audited annual report of Tallinna Farmaatsiatehase AS is 

available on the Internet homepage of the Tallinn Stock Exchange at 

<a href='http://www.hex.ee/reports' target='_blank'>http://www.hex.ee/reports</a> ("Trading Info / Financial Reports").





Tallinn Stock Exchange

Market Services

+372 640 8800